611 William Street, Midland, ON L4R 2S7

For Sale 29 days on Market MLS® S12875640

Asking Price

$160,000

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Overview

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Requires Official Plan Act amendment from current Natural Heritage designation. Possibly a zoning change depending on development strategy. Registered Easements can be provided for review. With RA zoning in place, this site offers flexibility for residential development under the Town of Midland's zoning framework, supporting a range of services that would complement the existing neighbourhood character. Potential uses include a multi-unit residential building (subject to site plan and municipal approval) or creative infill solutions that maximize density on a serviced lot, or a retail option. Buyers are encouraged to complete their own due diligence regarding zoning regulations, development charges, site servicing, environmental studies, and official plan policies.

Lot Size

1.4 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityMidland

Postal CodeL4R2S7

Lot Dimensions459.14 × 134.31 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$160,000

Annual Taxes$6,160 (2025)

Days on Market29

MLS® S12875640 • Listed by Real Broker Ontario Ltd

611 William Street, Midland, ON L4R 2S7

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Purchase Calculator

Home Price

$160,000.00

Location

Down Payment

$33,600.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

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💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

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🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

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Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
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Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

611 William Street, Midland, ON L4R 2S7

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